I had to speak at a Church (Parish) in Mumbai on Investing. In a religious gathering it was necessary to keep in mind what the scriptures said about investing. So the topic I chose was ‘Scriptures and investing’.
The Christian community is quite conspicuous in its absence in the financial services field – especially in the [...]
Why is Navi Mumbai real estate so expensive? Or is it correctly priced? Well answers are difficult to get. A decent 2 bedroom apartment costs upward of @Rs One crore.
Even for a professional who has a nice starting salary of say Rs. 500,000 gross income (per annum) the cost of a flat is about 20 [...]
http://www.subramoney.com/book-written-by-me/
Surely when somebody approached Mr. Dinanath Shinde and Mr. Afzal Maknejia for buying life insurance, they must have said:
a. I do not need life insurance or b. At my level I cannot afford life insurance.
Agents hear this day in and day out. Little did they realize that a drunk Nooriya Haveliwala would spring from somewhere [...]
Mark Mobius the famous fund manager (incidentally he runs the most disciplined scheme ever in India – Templeton India growth fund, the only fund in India that has been ALWAYS true to label) says the next ‘Dubai’ could be in Mumbai or Shanghai.
One kid in our office excitedly rushed to me (working on the Bloomberg [...]
These are stories about a few friends.
I have 2 friends – aged about 57 years. They were classmates and are now very close to retirement. Their investing philosophies are so different that I could not believe that the accumulated amounts could be so far away from each other. One of them did his MBA and [...]
Once in a while at least we should look to helping others. Like in an old Hindi movie Amar Prem Rajesh Khanna tells the villian “Even animals look up while eating, as if thanking God for the food that it has got”. As human beings let us do our bit. There is an organisation (UK [...]
Year: 2009 Month: July Mr. C B Bhave abolishes mutual fund loads.
This event of abolishing loads by SEBI (on the mutual fund sales) there is increasing pressure on other regulators to reduce charges / fees. So the following scenario can emerge:
IRDA has decided that all life insurance products – term, unit linked insurance, endowment and [...]
One amazing rule of investments is called the ‘Golden Rule of Investing’. The Golden Rule says “he who has the Gold, makes the rules of investing”. If this post gets you nostalgic, you must have been born in the 1960s!
Once upon a time there used to be a ‘ring’ in The Stock Exchange (you dummy [...]
It is amazing that financial services – mutual funds, life insurance and banking are seen as villians in terms of charges in a country which has so many real estate deals!
Who can become a builder, who can become a broker, how much brokerage to charge, should prices be quoted for built up, super built up….NOTHING [...]
Here is an invitation I got…you will benefit by attending. Here is my invitation…extending it to all of you!
Dear Subra,
It is my privilege to invite you to the fifth edition of the India Investment Show to be held on June 6-7, 2009 at Nehru Centre, Mumbai.
Allow me to thank at the very outset, our title [...]